Drama as Orubebe disrupts poll result declaration

The fever generated by the eagerness of Nigerians about the outcome collation of the presidential election results in Abuja inched to its peak on Tuesday, when the Peoples Democratic Party’s agent, Godsday Orubebe, caused a row at the venue. Tension rose as those within the hall and others watching the

‘I’m really like a real woman now’ – Paula Patton Talks about Life after Robin Thicke Split

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It was an unexpected surprise when actress Paula Patton and her husband, singer Robin Thicke, announced that they were separating (click here if you missed it). For the high school sweethearts who had been in each other’s lives for 20 years, it was going to be a drastic change in

Nigerians give Buhari mandate to change Nigeria

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After 12 years of trying, a majority of Nigerians have given retired general Muhammadu Buhari the mandate to go ahead and carry out the change message he promised during a three month long presidential campaign, as president-elect of the country. Buhari is making history as he becomes the first presidential

APC wins 64 seats in Senate

The result of the National Assembly election declared by the Independent National Electoral Commission on Tuesday has pushed the opposition All Progressives Congress to the majority status in the 109 membership Senate. Before the election, the Peoples Democratic Party enjoyed the majority status in the red chamber with 64 members

Jonathan to PDP: Celebrate, don’t mourn

President Goodluck Jonathan on Tuesday said despite his defeat in the hands of Gen. Muhammadu Buhari (retd.) of the All Progressives Congress in the last presidential election, the Peoples Democratic Party should be celebrating rather than mourning.

Court hears Tinubu’s case against Army April 20

A Federal High Court in Lagos on Tuesday adjourned further hearing till April 20, 2015, in the fundamental rights enforcement suit filed by a national leader of the All Progressives Congress, Bola Tinubu, against the Chief of Army Staff, Lt. Gen. Kenneth Minimah.

US Drillers vs. OPEC: The battle intensifies

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OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas who brought the US one of the biggest booms in the history of the global oil industry. Now they are fighting back. The drillers are leaning on new techniques and technology to

Senate adjourns till April 14

The Senate on Monday adjourned the plenary barely 10 minutes of sitting because only about 12 senators were in the chambers. The Senate Leader, Victor Ndoma-Egba, attributed the inability of the red chamber to form a quorum to the just concluded general election where most members contested and played prominent

Jubilation as Obasanjo, Sultan, others hail Buhari

Wild jubilation erupted across Nigeria on Tuesday following the victory of the All Progressives Congress candidate in the March 28 presidential election, Maj. Gen. Muhammadu Buhari (retd.

Refiners profit from cheaper crude, shore up battle for market share

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The plunging oil prices, which have dropped by more than 50 percent since mid-June and are expected to remain low at least until the second half of 2015, will help refining margins, which have been low in recent years. The refining business benefits from lower crude prices in a number

Awaiting Buhari’s anti-corruption strategy

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Corruption, the abuse of power for private gain, featured prominently in the 2015 presidential contest. Incumbent President Goodluck Jonathan was accused repeatedly of not doing enough to punish corrupt practices since the start of his presidency. He claimed that the anti-graft agencies under his watch had more convictions than at

An Important Election (2)

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The much-expected Nigerian presidential election of March 28, 2015 has come and gone and at the point of writing, it does appear General Muhammadu Buhari is headed for victory on the platform of the opposition All Progressives Congress (APC) displacing the incumbent President Goodluck Jonathan of the Peoples Democratic Party

The man Buhari journey to Aso Rock

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The emergence yesterday of Muhammadu Buhari, standard bearer of the All Progressives Congress (APC) in Saturday’s Presidential election did not come by happenstance; it was a product of calculated efforts at retooling the foundations of Nigeria that have been tampered with by several years of misrule. For 12 years, Buhari,

The coming emerging-market debt squeeze

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Consider the following scenario, one that has played out time and again in emerging-market countries. Local banks and firms go on a borrowing binge and pile up dollar-denominated debt – debt that pundits consider perfectly sustainable, as long as the local currency is strong. Suddenly, something (an increase in United

The price of biodiversity

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We humans do not only share the planet with a range of other species, including plants, animals, and even microbes; we also depend on them for our survival. Can we determine the economic value of protecting the natural world? Some people will balk at the idea of putting a price

Towards internal transformation at NNPC

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Joseph Dawha, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) recently hinted that the corporation had commenced the process of internal transformation ahead of the passage of the Petroleum Industry Bill  (PIB)now ending its sixth year in the National Assembly. The NNPC chief executive officer spoke at

Fidson Healthcare in growth spurt as earnings surge

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Fidson Healthcare plc, a Nigerian drug maker, is currently in a growth phase as earnings surge on aggressive expansion, improved and innovative products, and health awareness among the citizenry. Data compiled by BusinessDay show that the drug maker recorded double-digit growth at the bottom- line level to end 2014 financial

Re: Customs agents call for auto policy review

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The National Council of Managing Directors of Licensed Customs Agents has, again, called for a review of the National Automotive Policy which has only recently and quite belatedly been formulated and passed into law. These traders have shamelessly and most stridently opposed any move by any  government to advance the